Replies to post #32626 on Tonner One World Holdings Inc (TONR)

[Voices of Reason]

As requested, here is the news link referring to preferred shares (not common):

http://oneworlddolls.com/tonner-doll-company-to-acquire-stake-in-one-world-holdings-inc/

ONE WORLD HOLDINGS, INC. – Houston, Texas – June 22, 2015. The One World Doll Project, a subsidiary of One World Holdings, Inc. (OTCQB: OWOO), announced today that the company has recently signed an official Letter of Intent to sell a 9.89% stake of One World Holdings, Inc. preferred stock to The Tonner Doll Company.

There are 10 million shares of Series AA preferred stock available (less 80,000 previously issued). To acquire 9.89% would result in Tonner owning 989,000 shares of Preferred. Those preferred shares have a voting right equivalent to 10,000 common shares - putting it another way, the company is giving him the rights to vote 9.89 billion common shares.

The Series AA Preferred Stock is not convertible into common stock, does not pay dividends, and does not include a liquidation preference.